B.Sc in computer - science if done by an open university from a recognised university and having UGC affiliation would certainly be a meaningful qualification. There are numerous IT firms looking for such graduates having such qualifications and these graduates are absorbed in their companies in different assignments such as Java, Oracle, C++, SAP etc with the suitable initial training. In that way, the companies could be benifited by less retention of graduate - engineers but there would not be compromise with the quality of work, they provide to the customers.
The other areas where they can be conveniently employed are the Banking - sectors, Teaching - profession, preparation of various competitive examinations such as Indian Administrative posts, State - Civil Services etc.
In case, you want to persue for MCA, you can try for the same or even you can go ahead with MBA in computer - management.
Hence prospects of this qualification is immense provided you fare well in the said examination.